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Message: Re: Typical Day 1 NASDAQ Trading

It really depends on about 10 factors.

 

Fundamentally it's great news but here are some items that will affect what happens tomorrow:

 

1. Broker availability. Some brokers will be late in the day or even Friday before the ticker is available to their customers. Not everyone will be able to buy or sell at open.

2. Premarket availability. There may not be a premarket session for manipulation on the initial day.

3. The nasdaq may not make the ticker available at open. Sometimes IPOs only start trading mid session. We are an uplist though so it may help make us available at open.

4. If there are other news drops at open from PYR or through the day.

5. Potentially there could be large shareholders who just decide to sell the news and outright dump all their shares or short the stock since it's had a good run up. No idea why anyone who's done even a lick of DD would do this but it's happened in the past for me on other tickers. Sell the news is real sometimes.

6. The overall market sentiment. SPY futures are currently up slightly though as of 11pm. If the whole market dumps. No one is necessarily safe regardless of fundamentals. Stimulus delays could just reck everything for example.

Way to much to consider to necessarily predict what the stock may or may not do. Best advice is manage your position size with proper risk management and tolerance.

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